Croatia, Makarska - House in first row to the sea on Makarska riviera

Ref. : 2016/345 - House / Villa - Sold
Selling price: 495.000 €
Living space: 220 Land space: 590 Rooms: 6 Bathrooms: 6 Distance from sea: 10 m
  • First row to the sea
  • Sea view
  • Parking

House, detached, for sale, located in a very good position in the first row by the sea in a small tourist town on the Makarska riviera, with private access to the well-kept and sheltered beach in front of the house.

The property is spread over two floors (ground floor and first floor), with a total living space of 220 m2, divided into apartment units, on the ground floor, with three apartments (one with two rooms and other with one bedroom facing the sea, and additional studio apartment located on the east side of the house. On the first floor there are two additional apartments (one bedroom apartment of 32 m2 and additional studio apartment, both with a beautiful sea view). All apartment units are completely equipped and furnished.

The house was originally built for the private needs, so owner took care of the details and the construction itself is quite solid, the house is carefully maintained and it is in excellent condition. With tourist years, the house is profligate through successful tourist rentals in summer seasons, and given its unique position, the value of real estate can only grow.

Located on a plot of 590 m2, this property has enough space to install the pool to complete the offer, while the current garden is very nicely decorated, full of greenery that perfectly fits into the whole vacation story of this property.

The house has the possibility of parking for 4 vehicles. All facilities for normal life are within walking distance from the house. What makes this property a special one is certainly privacy for home users, and especially the privately-owned beach, 50-foot staircase below the house.

Access to this position is possible only for this property, which is a great rarity on the whole coast that one should definitely consider. The interior layout could be altered so that the house could achieve the ultimate conditions for carefree enjoyment. This is a great offer that a serious buyer should easily recognize and proceed with this kind of investment.

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Location description

Makarska (pronounced [mâkarskaː]) is a small city on the Adriatic coastline of Croatia, about 60 km (37 mi) southeast of Split and 140 km (87 mi) northwest of Dubrovnik. It has a population of 13,834 residents.[1] Administratively Makarska has the status of a city and it is part of the Split-Dalmatia County. It is a tourist centre, located on a horseshoe shaped bay between the Biokovo mountains and the Adriatic Sea.

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These are questions and answers on some frequently asked questions about real estate in Croatia, for any other questions feel free to contact us or come to our office and we will be glad to help you.

1. Can foreign nationals buy real estate in Croatia?

Foreign nationals belonging to EU Member States can purchase real estate in the same way as Croatian nationals. Foreign nationals belonging to non-EU countries can purchase real estate in Croatia with cumulatively fulfilled two conditions: reciprocity agreement with the Republic of Croatia and consent of the Ministry of Justice.

2. What is the real estate tax in the Republic of Croatia?

The Republic of Croatia has a unique real estate tax rate of 3%. The amount of tax is determined on the basis of the price from the contract of sale and the assessment of the competent tax administration. According to the law, the buyer pays tax on the received solution only once.

3. What is the tax on real estate swap?

The tax is also 3%, so each property owner pays 3% of the estimated value of the property for the new property when swapping.

4. In what time span real estate sales tax must be paid?

The tax liability arises at the time of the conclusion of the contract or other legal transaction that acquires the real estate. The notary is obliged to submit one copy of the document to the Tax Administration within 30 days from the signature on the sale documents. The taxpayer is obliged to pay the determined tax within 15 days from the delivery of the decision on determining the real estate sales tax.

5. What is a down payment and how much is it?

A down payment is an insurance that the buyer pays to the seller as a sign that the contract has been concluded and a certainty that the obligation will be fulfilled. In practice, the down payment is given on the Pre-contract and is usually 10% of the agreed purchase price. In case of fulfillment of the contract, the down payment is calculated in the total amount of the agreed purchase price.

6. Can the amount of real estate purchase be paid in foreign currency?

In principle, no. Every sale in the Republic of Croatia must be paid in HRK. If a foreign currency payment is made, the bank will convert to HRK.

7. Is it possible to conclude and certify a contract of real estate sale abroad?

Yes, if it is a citizen of the Republic of Croatia then it is best to certify the contract with our diplomatic mission. If it is a foreign national then with the notarization of the purchase contract with a public notary, the Apostille of public document issued in that state is required.